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erik [133]
3 years ago
12

The government decides to increase its spending by $6 billion. Over time the real GDP increased by $9 billion. The expenditure m

ultiplier is ________ 1.5. Group of answer choices higher than two times lower than equal to
Business
1 answer:
Gekata [30.6K]3 years ago
7 0

Answer:

c. Equals to 1.5

Explanation:

Options are <em>"a. -lower than  b. -higher than  c. -equal to "</em>

Expenditure multiplier = Change in real GDP / Change in spending

Expenditure multiplier = 9/6

Expenditure multiplier = 1.5

Thus, the expenditure multiplier is equal to 1.5

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Which of the following is the best example of correlation not being the same as causation? A. A company redesigns a production p
Sauron [17]

Answer: D. During an economic downturn, a company changes its computer policy to only allow purchases of windows-based laptops and see profits go down. The company concludes that windows-based laptops cause profits to go down

Explanation:

In the other options, the new activity done by the company were definite causes of the effects that followed. A more efficient production process will cause gains in productivity. Coupons will bring in more sales and paying employees more will encourage them to engage in more sales.

Concluding that a computer type causes profits to go down however in a period where the economy as a whole is buying less, is simply correlation. In an economic downturn, people are buying less goods in general. The laptops will be no exception and it is not a reflection of people's preference or lack thereof of them.

7 0
3 years ago
A few of the tools economists use to evaluate the macroeconomy are
MA_775_DIABLO [31]
<span>A few of the tools economists use to evaluate the macroeconomy are supply and demand graphs, unemployment charts, and inflation vs. deflation graphs. They measure this by Gross Domestic Product(GDP), a national pole of who is employed, and also consumer reports to see what is being purchased most versus least.</span>
8 0
3 years ago
Which PESTEL factors are the most salient for the electric vehicle segment of the car industry? Which PESTEL factors are the mos
pantera1 [17]

Answer:

PESTEL factors that are most salient for the electric vehicle segment of the car industry are economical, technological, and ecological.

PESTEL factors that are most salient for the battery industry are technological, social and economic

Explanation:

PESTEL factors that are most salient for the electric vehicle segment of the car industry are economical, technological, and ecological.

PESTEL factors that are most salient for the battery industry are technological, social and economic.

Electric cars would be economic as compared to gas and other forms of energy used to run a car or any other vehicle.

8 0
3 years ago
The employees who work for a business are called ____.
GrogVix [38]

Answer:

Human resources.

Explanation:

Human resources. are the employees who work for a business

6 0
2 years ago
You have been hired as a consultant to Freedom Inc. a consumer-focused financial institution intending to enter the Ghanaian mar
MrMuchimi

Answer:

firstly; the area to start with. find out more about the place. Their income and the rate at which goods are sold there.

5 0
2 years ago
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